Stocks rebound from early morning slump a day after Wall Street's worst performance in a month

Stocks are up on Wall Street following an early morning slump a day after the market's worst performance in a month. The S&P 500 is up 0.3%, or 17 points, as of 10:58 a.m. Eastern time on Wednesday, following a 2.1% drop a day earlier. The Dow Jones Industrial Average is up 186 points, or 0.5%, while the tech-heavy Nasdaq composite is up 0.4%.

3% as Nvidia and other Big Tech stocks led the way lower.Treasury yields also stumbled in the bond market after a report showed American manufacturing shrank again in August, sputtering under the weight of high interest rates. Manufacturing has been contracting for most of the past two years, and its performance for August was worse than economists expected.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Wall Street slumps, putting stocks on track for their worst day in nearly a monthMonthly job growth has replaced inflation updates as the most important signal of how the economy is faring.
La source: CBSHealth - 🏆 480. / 51 Lire la suite »

Asian stocks tumble after Wall Street's worst day since early AugustJapan's benchmark Nikkei 225 lost 3.8 percent, leading losses in Asia.
La source: trtworld - 🏆 101. / 63 Lire la suite »

Global stocks plummet after Wall Street's worst day since AugustThe S&P 500's heaviest weight, Nvidia, fell 9.5% Tuesday.
La source: komonews - 🏆 272. / 63 Lire la suite »

Global stocks tumble after Wall Street drops on worries about the economyHeadlines 09/03/2024
La source: nypost - 🏆 91. / 67 Lire la suite »

European markets lower; tech stocks down 2.6% following declines on Wall StreetEuropean stocks fell sharply at the open Wednesday, following steep losses on Wall Street Tuesday and in Asia-Pacific markets overnight.
La source: CNBC - 🏆 12. / 72 Lire la suite »